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Nov 29, 2012
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harry reid had a plan. he and obama and nancy pelosi were going to spend a great deal of money, and then they were going to turn to the republicans and say, okay. why don't you be responsible and raise taxes, put your finger prints on a tax increase to pay for our bigger government. republicans said no. harry reid has had a hissy fit for four years now, i'm happy the republicans would not raise taxes to pay for is bigger government. the problem is the american people don't want their taxes raised. lou: what i asked was how you feel? >> i am pleased as punch. harry reid, at haing a hissy fit at me, he's really mad at the ameican people for not wanting to raise axes. he personalizes it with me. lou: what about those folks like senator john mccain, senator lindsay gramm, senator chambliss the list goes on. i mea -- >> it doesn'go on. it does not go on. here's theood news. all the people who last week and said we might raise taxes under certain circumstaes with the same people who said that two years ago. and e
harry reid had a plan. he and obama and nancy pelosi were going to spend a great deal of money, and then they were going to turn to the republicans and say, okay. why don't you be responsible and raise taxes, put your finger prints on a tax increase to pay for our bigger government. republicans said no. harry reid has had a hissy fit for four years now, i'm happy the republicans would not raise taxes to pay for is bigger government. the problem is the american people don't want their taxes...
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Nov 28, 2012
11/12
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senate majority leader harry reid refusing to put cuts on the table and saying it is republicans who are holding up negotiations should we expect to go right over the ciff? let's start by taling about whether it is impoible to get some kind of thoroughgoing resolution of this issue. >> at think it is, but we have to be working on a full-time. the president needs to be here talking to members of congress and working out a big deal, meaning tax reform, and panama reform, and other spending control. is is what the american people want. gerri: let's talk about what the president is doing. meetg with sma bsiness owners, tomorrow middle-class families. friday leaving tanning going to nnsylvania to visit a small company. what do you think about that? saying he should be focused full-time. this kind of schedule would seem to indicate his schedule is elsewhere. >> meeting with members of congress, of the house, senate. we have a lot of ideas on how to do this. let's get together, get consensus, it is going to make it a big deal now. he should be here talking to congress, getting it down. gerr
senate majority leader harry reid refusing to put cuts on the table and saying it is republicans who are holding up negotiations should we expect to go right over the ciff? let's start by taling about whether it is impoible to get some kind of thoroughgoing resolution of this issue. >> at think it is, but we have to be working on a full-time. the president needs to be here talking to members of congress and working out a big deal, meaning tax reform, and panama reform, and other spending...
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Nov 26, 2012
11/12
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he spoke with speaker boehner and harry reid over the weekend and yet no meeting date is set. what kind of outreach is going on behind the scenes? are you aware, ken, of any other relationships that are being developed at this moment to try to fend off the fiscal cliff? >> yeah. mostly what we're hearing about is that the staff level there are ongoing negotiations between the white house, between harry reid and the senate majority leader's office and john boehner's office, the house republicans. but so far what we've seen, at least in the principal, is really just highlighting the differences and how stark the differences are. yes, there have been some republicans who have publicly said they are open to poe tengts tax increases, revenue increases, but even more so we're seeing this entrenchment over the military spending cuts, the unwilling nness to see that and we're seeing on the democratic side the idea that maybe it wouldn't be so bad if we went over the fiscal cliff and kicked the can down the road to the next congress which will be more favorable from the liberal perspec
he spoke with speaker boehner and harry reid over the weekend and yet no meeting date is set. what kind of outreach is going on behind the scenes? are you aware, ken, of any other relationships that are being developed at this moment to try to fend off the fiscal cliff? >> yeah. mostly what we're hearing about is that the staff level there are ongoing negotiations between the white house, between harry reid and the senate majority leader's office and john boehner's office, the house...
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Nov 29, 2012
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now the democrats are saying entitlement reform is off the table. >> greta: senator harry reid says the debt ceiling has to be part of it. it's too late to talk about that. it will hit the end of december, have an impact in february, when they hope to get tax refunds, and the government has no money. is there any way that you would vote to raise the debt ceiling? >> no. listen, what i would do, i'm not going to block it. what we need to do, is we need to restore confidence, remove the uncertainty in this economy. >> greta: what would you do? >> what i would do personally? >> greta: yes. >> democrats, last time we passed cut, cap and balance, which did increase the debt ceiling, but it had solutions to the problem. you know, a balanced budget amendment, limiting the sizes of government, and cut some spending. that was a valid -- that was a good plan. also increased the debt ceiling. we should do the same thing this time. democrats won't go along with it. i recognize that. i recommend we don't block them. we say, okay, you guys can increase the debt ceiling, but no more than a trillion do
now the democrats are saying entitlement reform is off the table. >> greta: senator harry reid says the debt ceiling has to be part of it. it's too late to talk about that. it will hit the end of december, have an impact in february, when they hope to get tax refunds, and the government has no money. is there any way that you would vote to raise the debt ceiling? >> no. listen, what i would do, i'm not going to block it. what we need to do, is we need to restore confidence, remove...
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Nov 27, 2012
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if republicans telling grover is over are making senator harry reid happy, should that make you worry? who better to ask than grover? tonight, on fox business network. you don't get it? demand it. you don't want to miss this. >> steer clear of the cliff, gouge them at the pump? get ready for real road rage. >>neil: i am headed off to the city of angels. the ladies can't wait. >> so crazy it is here. >> my heart is pounding. >> he is a very nice man. a lot of fun. >> i am constantly amazed. >> i know the businessman and the famous names but i want to know what makes him tick. >> brilliance, baby, brilliance, i am coming to town, don't miss a special "your world" and we are back again at on fox business network, lawmakers in washington are pushing if tax hikes and we are going to be if california at highest tax state in the nation to see what the tax hikes might do with a lot of special guests and if you notice they changed the sign too. italian americans unite. >> talk of a gasoline tax hike that has steve moore say washington is adding fuel to the fire but i heard it and i thought it
if republicans telling grover is over are making senator harry reid happy, should that make you worry? who better to ask than grover? tonight, on fox business network. you don't get it? demand it. you don't want to miss this. >> steer clear of the cliff, gouge them at the pump? get ready for real road rage. >>neil: i am headed off to the city of angels. the ladies can't wait. >> so crazy it is here. >> my heart is pounding. >> he is a very nice man. a lot of fun....
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Nov 26, 2012
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>>reporter: and carney noted the president spoke with harry reid and speaker boehner over the weekend. everyone is anticipating another high profile white house meet this week on the fiscal cliff sources in congress say there is you not one on the schedule so far. >>shepard: over the weekend some republicans are telling grover norquist to take a hike with the "we won't raise taxes" pledge. >>reporter: the fine tuning is they are saying we are okay with close loopholes but they don't want to raise tax rates. the republicans are saying the survey done by a group calls the winston group, a republican research firm, says 65 percent of americans back tax reform and spending cuts over the raising of taxes. here is the senate republican leader on what the g.o.p. is offering. >> without compromising our principles we put skin in the game and recognition to the fact while democrats don't run this town, neither do we. we have been responsible even as we remain firm on this point. no tax increases now for promised spending cuts that you will not materialize later. the american people have seen t
>>reporter: and carney noted the president spoke with harry reid and speaker boehner over the weekend. everyone is anticipating another high profile white house meet this week on the fiscal cliff sources in congress say there is you not one on the schedule so far. >>shepard: over the weekend some republicans are telling grover norquist to take a hike with the "we won't raise taxes" pledge. >>reporter: the fine tuning is they are saying we are okay with close...
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Nov 24, 2012
11/12
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not only that, let's not forget that the last time that the senate had a budget is when harry reid worked with his friend, and nobody in the 2008 budget complained that they weren't spending enough money. that cuts out a trillion in spending right there. are you concerned about the time that they had taken have taken on this first day of the discussion? >> i was not hopeful that the president's tone. [talking over each other] [talking over each other] lou: are you being partisan here? >> i am not being partisan. i am being objective when i say that the president pays 1.6 trillion in new revenues. he wants to destroy the economy. no one in their right mind is going to allow that kind of increase to devastate the economy. lou: that's a good point. it's interesting that no one is talking about the fact that individual tax payment, 26% of the bush tax cuts over the past two years, the answer here is this. i just want to see everybody be happy. let me turn to benghazi. there is a palpable sense in washington dc right now. i don't believe the congress has the strength or the tools to actually p
not only that, let's not forget that the last time that the senate had a budget is when harry reid worked with his friend, and nobody in the 2008 budget complained that they weren't spending enough money. that cuts out a trillion in spending right there. are you concerned about the time that they had taken have taken on this first day of the discussion? >> i was not hopeful that the president's tone. [talking over each other] [talking over each other] lou: are you being partisan here?...
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Nov 27, 2012
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put it on the table and it fell apart. >> the president had managed, going through nancy pelosi and reid, to keep the democrats more or less in line on the grand bargain even though there was grumbling about the entitlement changes. i think the same thing would happen again. progressive democrats are talking ought more, want to go over the cliff -- >> the curve. >> the curve. >> you know, the mole hill. and put pressure on the republicans. i do think the fundamental dynamic hasn't changed and that is, can boehner bring any votes to the table? if 20 -- if 20 or so tea party republicans rebel against him, he doesn't win the speakership vote on january 3rd. i don't though how you get around that because i still think even if the last election there are at least 20 or so crazies or whatever you want to call them extremists, die hards in the house republican tea party caucus. >> and they're still there. >> they're still there. >> he has compared -- herding frogs in a wheel barrow. >> he should be so lucky. >> the republicans primaries produced a nominee who's most -- whose most memorable comm
put it on the table and it fell apart. >> the president had managed, going through nancy pelosi and reid, to keep the democrats more or less in line on the grand bargain even though there was grumbling about the entitlement changes. i think the same thing would happen again. progressive democrats are talking ought more, want to go over the cliff -- >> the curve. >> the curve. >> you know, the mole hill. and put pressure on the republicans. i do think the fundamental...
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Nov 21, 2012
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joining me now is msnbc's joy reid. how are you? >> i'm doing well. >> so much as i think they will one day come to forgive chris christie, watch how his recent visit to "saturday night live" played with eric bowles. >> let's look at the republican acting like a democrat governor chris christie slobbering a wet kiss on president obama's cheek with days until the election. then this curious appearance on "saturday night live" while jersey still suffers from power outages and massive job losses. >> slobbering wet kiss. do you think i'm underestimating this? >> i think it will take longer to heal. your theory is sound as far as getting relelkted in new jersey. he did the right thing when it comes to remaining governor of new jersey. but i think that the idea that he can be forgiven enough by the base to run for president in 2016 presumes that republicans are going to basically do a punch the base strategy. because look, the part of the party that's about winning elections, the sort of wing that's the political wing, definitely is going
joining me now is msnbc's joy reid. how are you? >> i'm doing well. >> so much as i think they will one day come to forgive chris christie, watch how his recent visit to "saturday night live" played with eric bowles. >> let's look at the republican acting like a democrat governor chris christie slobbering a wet kiss on president obama's cheek with days until the election. then this curious appearance on "saturday night live" while jersey still suffers from...
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Nov 26, 2012
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and, not only that, let's don't forget the last time that the senate had a budget, it was when harry reid worked with his friend, speaker pelosi and nobody in the 2008 budget complained that it wasn't spending enough money. let's go back to 2008. $2.5 trillion, and cuts off a trillion in spending, right there. >> lou: there are all sorts of ways to get there, as you suggest here tonight, and, as suggested in other forums as well, but the idea that this president an boehner are coming together to have at least a civil discourse over what in the world we're going to do about the fiscal cliff, six weeks remain, are you any more hopeful as a result of the ton they've taken on the first day of discussion? >> well, i wasn't hopefulith the president's tone, when he said -- >> are you being partisan here? >> i'm not being partisan, i am being objective, when i say that the president proposed $1.6 trillion in new revenue? he wants to destroy the economy? come on. who in their right mind will allow that kind of increase to devastate the economy. it will not be hostess going out of business. >> lou:
and, not only that, let's don't forget the last time that the senate had a budget, it was when harry reid worked with his friend, speaker pelosi and nobody in the 2008 budget complained that it wasn't spending enough money. let's go back to 2008. $2.5 trillion, and cuts off a trillion in spending, right there. >> lou: there are all sorts of ways to get there, as you suggest here tonight, and, as suggested in other forums as well, but the idea that this president an boehner are coming...
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Nov 29, 2012
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harry reid did a similar vein to the market a couple days ago. you can see how nervous investors are with the progress or lack thereof on the fiscal cliff in washington. connell: peter barnes has been covering it all from capitol hill. the attorney said i am here trying to resolve this. it is serious business. he would hope the white house would get serious as well. peter: no substantive progress in the last couple weeks in the discussions with the white house and then kind of taking a slap your at the president. he said this is a moment for adult leadership. the white house does have to get serious on spending cuts and entitlement reform. the republicans are trying to shift the discussion in this debate over to the spending that side. the entitlement reform side. the president hammering them on the tax side of it. especially spending, extending the bush tax cuts for the middle class. connell: are you noticing a difference? is that the way it is shaping up today that the democrats are more optimistic than the republicans because republicans do no
harry reid did a similar vein to the market a couple days ago. you can see how nervous investors are with the progress or lack thereof on the fiscal cliff in washington. connell: peter barnes has been covering it all from capitol hill. the attorney said i am here trying to resolve this. it is serious business. he would hope the white house would get serious as well. peter: no substantive progress in the last couple weeks in the discussions with the white house and then kind of taking a slap...
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Nov 28, 2012
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a shift in focus towards entilements and spending cuts and away from taxes and no movement in harry reid's association, he says that democrats have cut enough. >> well, remember we've already done more than a billion dollars worth of cuts, we've already done that. so we need credit for that and those negotiations that take place, and however, here is a cave caveat, senator dick durbin is taking a hard line approach. quote, we can't be so naive to believe that just taxing the rich will solve our problems and put everything on the table, repeat. everything on the table. and that's the left of center dick durbin. yesterday, t was taxes, today, there's entitlements, tte impasse continues as we countdown to that deadline. next case, china, clearly the number one world's polluter and criticizes us for not doing enough about climate change, a global carbon tax could be coming, are we going to have to pay? we'll talk to a leading environmentalist after the break and of course, we will have the opening belfour you next. bell for you next. >> all right, just a few seconds away from the opening bell.
a shift in focus towards entilements and spending cuts and away from taxes and no movement in harry reid's association, he says that democrats have cut enough. >> well, remember we've already done more than a billion dollars worth of cuts, we've already done that. so we need credit for that and those negotiations that take place, and however, here is a cave caveat, senator dick durbin is taking a hard line approach. quote, we can't be so naive to believe that just taxing the rich will...
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Nov 22, 2012
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. >> the blame squarely falls on the president and senator harry reid for never passing a budget in three years. >> we have had a situation where the president has had to do this on his own and you know and i know it. >>neil: he had a democratic house of representatives and a democratic senate and the world was his oyster. >> if he had a little help from the republicans, so many americans could be working. >>neil: are you kidding me? i know the republicans are evil, but, come on, in your opinion, did he do anything wrong? >> not the substance. >> the president has failed to put a solution on the table to avoid the defense cuts. >> but you signed on to the sequestration that means the defense cuts will come up. >> not everyone. we thought it was a stupid deal. >> congressman, you had a plan. sequestration. and now you don't like that. i can understand it. >> that is why i voted against it. >> i voted against it. >> now both parties are saying they voted against it. >> there is a comprehensive way to do it and a fair and balanced way. i like to use that term. >> we should look at the progra
. >> the blame squarely falls on the president and senator harry reid for never passing a budget in three years. >> we have had a situation where the president has had to do this on his own and you know and i know it. >>neil: he had a democratic house of representatives and a democratic senate and the world was his oyster. >> if he had a little help from the republicans, so many americans could be working. >>neil: are you kidding me? i know the republicans are...
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joining me now are joy reid, managing editor of the grio and robert reich, former labor secretary and professor at the university of california berkeley. joy, are you feeling sorry for grover norquist yet? >> immensely. he's such a lonelily l man. the senate is gone. enough republican senators have signal they're going to play ball. this is about the house of representatives and really for john boehner, everything changes in a good way for him. if we go off the curb or the cliff on january 1st, he won't be dealing with that tea party caucus and that's the bee in his bonnet that doesn't want to make a deal and by the way, a lot of them are are out the door. so greg's reporting is interesting because it signals that the white house has a public posture in which they say no, we dare not go off the cliff but we're going to get those tax rates increased and the reporting i've done tonight is that there's going to be additional meetings. this was the private version of the public meetings they did last week. now, they've been doing them in private and these are white house economic staff. p
joining me now are joy reid, managing editor of the grio and robert reich, former labor secretary and professor at the university of california berkeley. joy, are you feeling sorry for grover norquist yet? >> immensely. he's such a lonelily l man. the senate is gone. enough republican senators have signal they're going to play ball. this is about the house of representatives and really for john boehner, everything changes in a good way for him. if we go off the curb or the cliff on...
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Nov 29, 2012
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the fiscal cliff negotiations including new reaction from speaker boehner and senate majority leader reid after their meetings with secretary geithner on capitol hill today. >>> plus, a live report from the white house on president obama and mitt romney's lunch meeting in the private residence. >>> we are following developing news. former president george h.w. bush has been hospitalized. we'll update you on his condition. >>> plus, we are just now an hour away from an historic u.n. vote on the palestinian's bid for statehood. israel's vice prime minister joins me live. now we need a little bit more... [ male announcer ] at humana, we understand the value of quality time and personal attention. which is why we are proud to partner with health care professionals who understand the difference that quality time with our members can make... that's a very nice cake! ohh! [ giggles ] [ male announcer ] humana thanks the physicians, nurses, hospitals, pharmacists and other health professionals who helped us achieve the highest average star rating among national medicare companies... and become th
the fiscal cliff negotiations including new reaction from speaker boehner and senate majority leader reid after their meetings with secretary geithner on capitol hill today. >>> plus, a live report from the white house on president obama and mitt romney's lunch meeting in the private residence. >>> we are following developing news. former president george h.w. bush has been hospitalized. we'll update you on his condition. >>> plus, we are just now an hour away from an...
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Nov 27, 2012
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and we aeronaut too far off of that budget the loss to the offense went directly asked harry reid would not name any cuts there would be willing to offer. but they said they needed credit for cuts previously made. with that, there is no bipartisanship they're not reaching any agreement anytime soon. that is why we're down 82 points. dollar general going into the friday close with the up arrow. cooper industries. and then they said it was constructive. >> that is all they needed to hear. ashley: that means nothing. tracy: clearly. they cannot agree on a pack of gum. can obamacare go back to the supreme court really? judge andrew napolitano says yes. next. ashley: look at the winners and losers. the dow off by 80 points. research in motion downp 2%. nearly 9%. we will be right back. ashley: the epa may be close to of closing new regulations on air quality and carbon emissions that some say are too harsh. one senator tries to prevent the new rules from going into effect. >> j'mison hof the head of the environment committee and the most vocal critic comment today the heartland institute pre
and we aeronaut too far off of that budget the loss to the offense went directly asked harry reid would not name any cuts there would be willing to offer. but they said they needed credit for cuts previously made. with that, there is no bipartisanship they're not reaching any agreement anytime soon. that is why we're down 82 points. dollar general going into the friday close with the up arrow. cooper industries. and then they said it was constructive. >> that is all they needed to hear....
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first up, harry reid. then john boehner. in the afternoon, mitch mcconnell and then nancy pelosi. we're expecting to hear from speaker boehner within the half hour following his meeting. we'll bring that to you. his remarks, though, coming on the heels of a politico report that the framework of a deal is beginning to emerge. the speaker and the president as its principal architects. both men expressing determination and cautious optimism yesterday. >> it's too important for washington to screw this up. now is the time for us to work on what we all agreed to, which is let's keep middle class taxes lower. >> time for the president and democrats to get serious about the spending problem that our country has. but i'm optimistic that we can continue to work together to overt this crisis. >> politico also reporting that the two men had a phone call yesterday that was, quote, curt. can these two men with a history of butting heads meet in the middle before america goes over the edge? >> we have a very, very reasonable chance of going over this cliff. every hour is ticking by, every day i
first up, harry reid. then john boehner. in the afternoon, mitch mcconnell and then nancy pelosi. we're expecting to hear from speaker boehner within the half hour following his meeting. we'll bring that to you. his remarks, though, coming on the heels of a politico report that the framework of a deal is beginning to emerge. the speaker and the president as its principal architects. both men expressing determination and cautious optimism yesterday. >> it's too important for washington to...
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Nov 21, 2012
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for more, we go to joy reid, managing either of grio.com and jared bernstein. welcome to you both. >> nice to be here. >> earlier we asked you to come up with a figure, because you know i have -- like a dog with a bone on this. we asked you to come up with a figure how much corporate welfare per year is dolled out. what did you find out? >> from the tax policy center, nonpartisan, highly reliable group, $150 billion in tax expenditures that favor corporations in 2012. so, there's your number. >> now, if i'm not mistaken, the amount we actually spend on entitlements that we actually are entitled to because we pay into a system is about half of that? in terms of who's getting the better deal, corporate welfare seems like the better deal and if we're looking for cuts, maybe that's where we should start? >> i think the point is that in both of these cases it's absolutely nonsense, and i know you share this view, to write off all of the social programs as, you know, welfare that just layabouts are -- that 47%, clear nonsense. at the same token, there are certain thi
for more, we go to joy reid, managing either of grio.com and jared bernstein. welcome to you both. >> nice to be here. >> earlier we asked you to come up with a figure, because you know i have -- like a dog with a bone on this. we asked you to come up with a figure how much corporate welfare per year is dolled out. what did you find out? >> from the tax policy center, nonpartisan, highly reliable group, $150 billion in tax expenditures that favor corporations in 2012. so,...
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we had harry reid and boehner gave us a boost yesterday. today we sold off and moved back and forth. we've been over the unchanged line several times today. now we're up 51 points. as we're saying we're so closely tethered to the headlines coming out of washington. when we hear about positive and optimism pertaining to the fiscal cliff we'll start to move higher and sell off. as far as what we're seeing on the dow jones industrials, naems like drug stocks and banks stocks. vix index, fear index, is pull off. transports are doing well. we've gotten in some same-store sales. names like koeledz, macy's, gap and target. coles as an example they're citing hurricane sandy for weak november same-store sales. look at kohl's. that is the worst of the bunch. it is down about 10% now. while they, some of them are feeling little optimistic about the black friday and the thanksgiving shopping weekend, they can't deny the fact they did lose money on the eastern seaboard pertaining to hurricane sandy. so we'll start to hear from a lot of retailers. not on
we had harry reid and boehner gave us a boost yesterday. today we sold off and moved back and forth. we've been over the unchanged line several times today. now we're up 51 points. as we're saying we're so closely tethered to the headlines coming out of washington. when we hear about positive and optimism pertaining to the fiscal cliff we'll start to move higher and sell off. as far as what we're seeing on the dow jones industrials, naems like drug stocks and banks stocks. vix index, fear...
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. >> reporter: late yesterday there was a statement issued by the senate majority leader harry reid who said the three republicans politicize sizing this issue and called their behavior outrage just, jenna. jenna: well have more as the story volz throughout the day. catherine, thank you. >> reporter: you're welcome. jon: another story gripping washington, the size of our national debt. one lawmaker says the real problem is the fiscal avalanche that looms if the government fails to deal with our massive national debt. it is now over $16 trillion and counting. utah republican senator mike lee wrote that the in an, wrote that in a recent opinion piece. he is a member of the joint economic committee. you're from utah. a lot of mountains there. i'm sure you know what an avalanche looks like and the problem with them is as you point out you don't know when they're going to come. >> that's right, jon. unlike the give which you can see coming the avalanche is there in the sense that the conditions are present but you don't know exactly when it is going to hit you. by the time it hits you it is
. >> reporter: late yesterday there was a statement issued by the senate majority leader harry reid who said the three republicans politicize sizing this issue and called their behavior outrage just, jenna. jenna: well have more as the story volz throughout the day. catherine, thank you. >> reporter: you're welcome. jon: another story gripping washington, the size of our national debt. one lawmaker says the real problem is the fiscal avalanche that looms if the government fails to...
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meanwhile the white house says president obama called house speaker john boehner and harry reid this weekend for avoid efforts on fiscal cliff. on wednesday president obama will seek more input from top ceos, including gold man's lloyd blankfein and caterpillar's doug owner hill man. a number will travel to washington to try to reach a deficit cutting deal as part of the fix the debt campaign. so all things fiscal cliff still pre-dominate. we have a time clock that's quickly running out. how important is it that we get an agreement before the end of the year? >> this is like the debt ceiling argument. people got into a panic. that's something we even imposed on ourselves to decide that the debt shouldn't go too high. so it's not a bad thing. same with the fiscal cliff. what are we saying with the fiscal cliff? we're saying the economy might be revealed to be what it's actually doing because we'll take away the artificial supports because we think it's held any enough now to maybe after itself. that might entail a step drop because at the moment we're giving these tax breaks, but we'r
meanwhile the white house says president obama called house speaker john boehner and harry reid this weekend for avoid efforts on fiscal cliff. on wednesday president obama will seek more input from top ceos, including gold man's lloyd blankfein and caterpillar's doug owner hill man. a number will travel to washington to try to reach a deficit cutting deal as part of the fix the debt campaign. so all things fiscal cliff still pre-dominate. we have a time clock that's quickly running out. how...
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Nov 28, 2012
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that's colbert territory, that's harry reid, that's what they say. that's nonsense. people take the pledge. the reason why most republicans and a handful of democrats take the pledge is that they don't intend to raise taxes. >> wouldn't it be good if our leaders were not signing pledges like this and actually voted with what their stilts wanted? >> absolutely. yeah. it would be good. it's funny what an election will do. a lot of republicans are seeing the handwriting on the wall instead of the handwriting on a pledge. they'll realize this election in november was not about upholding your pledge to grover norquist. it was about upholding your responsibility to protect the middle class. i'm glad more and more republicans are recognizing the need to join democrats in compromise and consensus. we want deficit reduction that is big, bold, but balanced. as long as more republicans can agree with us on that we're willing to compromise with them and meet them halfway. >> sir, real quickly while i have you, it was announced in the last hour that the president is going to be h
that's colbert territory, that's harry reid, that's what they say. that's nonsense. people take the pledge. the reason why most republicans and a handful of democrats take the pledge is that they don't intend to raise taxes. >> wouldn't it be good if our leaders were not signing pledges like this and actually voted with what their stilts wanted? >> absolutely. yeah. it would be good. it's funny what an election will do. a lot of republicans are seeing the handwriting on the wall...
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Nov 27, 2012
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will coach andy reid survive another week? looking for a better place to put your cash? here's one you may not have thought of -- fidelity. now you don't have to go to a bank to get the things you want from a bank, like no-fee atms, all over the world. free checkwriting and mobile deposits. now depositing a check is as easy as taking a picture. free online bill payments. a highly acclaimed credit card with 2% cash back into your fidelity account. open a fidelity cash management account today...
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Nov 28, 2012
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a lot of concern after harry reid made some comments suggesting that maybe there was not a lot of progress made. eamon javers has commented saying you shouldn't read too closely into it, but this morning futures are indicated slightly lower once again. in europe, you'll see that there are some red arrows there as well. in france, the cac is down by about 12 points. in london, the ftse is off by 17. in germany, the dax is down by about 14.5 points. in asia overnight, same story. the hang seng was down by .6 of a percent. the shanghai composite was down by .9. the biggest loser was the nikkei. oil prices are slightly weaker, down by about 42 cents. the ten-year note at this hour is yielding 1.62%. been watching the dlampl here's something that snuck up on us. the chinese -- >> you're going to start saying that? >> you want me to call it -- >> if you start saying this other word, i'm going to learn how to say it. what made you decide? >> i'm thinking rnd, which is how they lay it out. i'm thinking rnb. >> okay, if you're going to do it, i'll practice. >> that's how they do it. >> i say yuan.
a lot of concern after harry reid made some comments suggesting that maybe there was not a lot of progress made. eamon javers has commented saying you shouldn't read too closely into it, but this morning futures are indicated slightly lower once again. in europe, you'll see that there are some red arrows there as well. in france, the cac is down by about 12 points. in london, the ftse is off by 17. in germany, the dax is down by about 14.5 points. in asia overnight, same story. the hang seng...
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Nov 28, 2012
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boehner nor senator majority leader harry reid. in a position to make it happen. >> i think that's right. when the time comes, if we get to the time where a grand bargain of, you know, big deal that would take care of the nation's fiscal challenges for the next 10 or 20 or 30 year, the president will have to be the one who lays it all out and he's argued for a balanced approach, has offered, you know, $3 in spending cuts to every $1 in tax increases. what he campaigned on. he's in a good position to make that case. not -- the moment is not right exactly right now but i think when we get there he's going to be the one that will have to frame the whole thing up. >> we saw the polls yesterday and harold, that if this doesn't work out, people are going to blame and it seems republicans will take some of the blame. i think people are beginning to look for movement from both sides but would be upset if it didn't happen with a republican party. >> it has to work out in some form or another. hopefully it's a long-term solution or patchwork
boehner nor senator majority leader harry reid. in a position to make it happen. >> i think that's right. when the time comes, if we get to the time where a grand bargain of, you know, big deal that would take care of the nation's fiscal challenges for the next 10 or 20 or 30 year, the president will have to be the one who lays it all out and he's argued for a balanced approach, has offered, you know, $3 in spending cuts to every $1 in tax increases. what he campaigned on. he's in a good...
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Nov 27, 2012
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reid over the weekend. it looks like the president is going to continue the push and meet with the ceo's tomorrow. they upon meet with irskin bowles. he was the co-chair of simpson-bowles commission . mr. bowles had a great plan. he is a democrat, that offered up 800 billion in new revenue and overhaul the tax system and changes to medicare and that's why the republicans are asking the democrats to come in and explain your deal. this plan was hatched in 2010 and everyone walked away from it and now they call bowles back up? it is late. this is what the american people are upset about. nothing gets done. >> steve: we are a month from the cliff. >> gretchen: we could have avoided the cliff if they used the plan as a starting point. americans are upset nothing gets done. >> brian: norquist is the bad guy. you should walk away from grover norquest. he said you have enough money on capitol hill and stop asking us . he's been a watch dog on our money so whether you are democrat or republican you should salute him
reid over the weekend. it looks like the president is going to continue the push and meet with the ceo's tomorrow. they upon meet with irskin bowles. he was the co-chair of simpson-bowles commission . mr. bowles had a great plan. he is a democrat, that offered up 800 billion in new revenue and overhaul the tax system and changes to medicare and that's why the republicans are asking the democrats to come in and explain your deal. this plan was hatched in 2010 and everyone walked away from it and...